Indian Economy & Market - February 2023

En este asunto

Special Budget Issue

Increasing INEQUALITY is Dangerous

Union Agriculture and Farmers Welfare Minister Narendra Singh Tomar said that the budget aims at inclusive and comprehensive development of farmers, and the small farmers will benefit from the budget.

3 mins

World War III Has Begun

The Third World War is here. The countries now directly involved in the war in Ukraine with weapons, money, intelligence, mercenaries or financial sanctions include the U.S., the U.K., Germany, France, Poland, Lithuania, Canada, Australia, Ukraine, Russia, China, Syria, Iran, Turkey, Japan, Romania, Belarus and Moldova. These countries span four continents. The economic ramifications are global. James Rickards says that if this is not a world war, it’s not clear what is since it is far more likely to expand in terms of affected nations, financial sanctions and kinetic warfare. He feels the danger of escalation to a nuclear exchange is real and growing.

6 mins

Indowind Energy Ltd- Attractive Rights Issue Closes on 10th February 2023

Indowind Energy Ltd. engaged in developing wind farms, managing the wind assets, and generating Green Power for sale to utilities, and corporations has announced a rights issue of 3,58,96,594 equity shares for cash at a price of Rs 12 per share aggregating to Rs 43,07,59,128 on rights basis in the ratio of 2 shares for every 5 shares held as on record date 13th January 2023.

1 min

China Is Ready To Make Up Growth

Beijing is looking to resuscitate its technology sector growth in order to rescue its ailing economy. The years-long campaign to rein in China's internet platform companies is largely complete. Government would provide support to internet platform companies to play a larger role in jobs creation and global competition. Fan Yu says that policymakers are changing their approach regulating large tech firms such as Alibaba Group and Tencent Holdings.

5 mins

Playing By The Rules

According to the gaming and interactive media fund, Lumikai, gaming market is estimated to be worth 8.6 billion by 2027, up from 2.6 billion in 2022. With the idea of guaranteeing that online games comply with Indian laws and to protect users against probable harm, the Ministry of Electronics and Information Technology has issued draft amendments concerning online gaming. The draft guidelines suggest the formation of a self-regulatory body covering five members from various fields, comprising online gaming, public policy, IT, medicine, and psychology.

6 mins

Apollo Micro Systems Ltd- Receives Provisional Allotment of Land by Telangana State Industrial Infrastructure Corp Ltd.

Board approves the Split Equity Share into 10 Equity Shares of ₹1/-

2 mins

India to Play a Leading Role on the World Stage

The year ended with cautious optimism as the RBI, the ever-vigilant custodian of India's monetary health, gave the country sterling grades in its Financial Stability Report (FSR) - December 2022.

3 mins

The Union Budget 2023-24

First the good news: Finance Minister Nirmala Sitharaman has stated that India’s per capita income has increased to Rs 1.97 lakh crore. This increase in the per capita income is a major jump in the past decades.

10+ mins

PRUDENT & PRO-GROWTH BUDGET

The last full year budget presented by the present government remains fiscally prudent and at the same time steep rise in capex allocations makes it pro-growth.

10+ mins

PR is not a Formula Business

These are uneasy times for anyone who manages anything worth its salt - be it an organization, business, or even self-branding either in a creative field or politics.

3 mins

Funds for New Investors

There are so many aspects that you need to consider before investing in mutual funds.

4 mins

Vikas Lifecare Ltd- Board Approves Strategic Investment in Kohinoor Foods

IN line with the Company’s pre-defined long-term growth strategies, the Board of Directors of Vikas Lifecare accorded their approval to invest up to Rs. 250 Crores in Kohinoor Foods Limited, with an objective of broad-basing the Company’s product portfolio, and strengthening its positioning in industry matrix, complimenting and supplementing the existing business lines of the Company by way of fresh equity, quasi capital, or any combination thereof, and to enter into definite agreement with the existing promoters of Kohinoor Foods Limited for acquiring substantial stake in it, subject to necessary statutory approvals and due diligence.

2 mins

IMF: India's Outlook Remains Robust

The International Monetary said that India’s outlook remains robust, with unchanged forecasts for a dip in 2023 growth to 6.1% but a rebound to 6.8% in 2024, matching its 2022 performance.

1 min

UN forecasts fall in global economic growth

The United Nations forecast that global economic growth will fall significantly to 1.9 per cent this year as a result of the food and energy crisis sparked by the war in Ukraine, the impact of the COVID-19 pandemic, persistently high inflation and the climate emergency.

1 min

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Indian Economy & Market Magazine Description:

Indian Economy & Market Magazine is a monthly magazine published by Scintilla Communications LLP in Mumbai, India. Indian Economy & Market magazine is known for its in-depth coverage of the Indian economy and markets, as well as its insights from leading experts in the field. It covers a wide range of topics related to business and economics, including:

* Economic news and analysis: Indian Economy & Market Magazine covers the latest economic news and trends from India and around the world. The magazine also provides in-depth analysis of the Indian economy, as well as its impact on businesses and individuals.
* Market news and analysis: Indian Economy & Market Magazine also covers market news and analysis, including stock market trends, commodity prices, and currency movements. The magazine also provides insights from leading analysts on how to invest in the Indian markets.
* Industry news and trends: Indian Economy & Market Magazine also covers industry news and trends from different industries, such as technology, finance, healthcare, and manufacturing. This coverage helps readers to stay informed about the latest developments in their respective industries.
* Corporate news and profiles: Indian Economy & Market Magazine also features corporate news and profiles of leading companies in India. These profiles provide readers with insights into the strategies and operations of these companies.
* Personal finance: Indian Economy & Market Magazine also features articles on personal finance, such as investing, saving, and retirement planning. These articles help readers to make informed financial decisions.

Indian Economy & Market Magazine is a valuable resource for anyone who is interested in business and economics in India. It is a must-read for anyone who is looking to stay informed about the latest economic and market trends in the country, or who is looking for insights from leading experts in the field.